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Essex Property Trust Inc  (ESS)
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    Sector  Financial    Industry Real Estate Investment Trusts


Profits Soar by 128.57 %, Single Digit Topline Growth

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Essex Property Trust Inc announced first quarter 2017 operating income of $109.231 millions

For the first quarter 2017 Essex Property Trust Inc earnings per share more than doubled by 128.57 % of $2.72 per share compare to $1.19 a year ago and eps decreased by -8.76 % from $2.98 per share from the previous quarter.

Sales grew by 6.75 % to $335 millions from $314 millions in the same quarter a year ago and sequentially Sales increased by 1.93 % from $329 millions.

Net income of $188 millions in the first quarter 2017 increased by 115.81 % from net earnings of $87 millions reported in the first quarter 2017 a year ago. Essex Property Trust Inc also emphasized it's improving profit margins, where net margin rose to 55.92% in first quarter 2017, and operating margin edged up to 32.57%.
Other ESS's Earnings Reports

Essex Property Trust Inc reported forth quarter 2016 earnings

Essex Property Trust Inc reported third quarter 2016 earnings

Essex Property Trust Inc reported second quarter 2016 earnings

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